Feature: Persistent high inflation tests patience of ordinary Turks
By Burak Akinci
Stay updated with breaking news from Medium Term Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Burak Akinci
Eager to regain Istanbul and other major cities from the opposition, Erdogan is expected to turn to populist policies again ahead of local elections next spring.
Turkey’s President Recep Tayyip Erdogan said “tight monetary policy” was needed to slow inflation, in an apparent change in stance for a leader who’s long frustrated investors by championing ultra-low borrowing costs.
Government officials and business leaders on Tuesday agreed on the need for a patient and persistent approach to combat Türkiye’s chronic high...
Türkiye’s new medium-term program will include updates to macro indicators and public policies, and will cover pledges for robust structural reforms and...